The United Kingdom has announced an upward review of visa application fees across various categories, with the new charges set to take effect from April 9, 2025. According to details published by the UK Home Office, the cost of a study visa for both primary applicants and dependents will rise from £490 to £524. This
Nigeria’s Monetary Policy Rate (MPR) of 27.50 percent currently stands as the fifth highest in the world, according to Professor Mustapha Akinkunmi, a member of the Central Bank of Nigeria’s Monetary Policy Committee.In his personal statement following the 299th MPC meeting held in February, Akinkunmi revealed that only four countries maintain higher benchmark interest rates
The Niger Delta Power Holding Company Limited (NDPHC) is calling for presidential intervention to address the severe liquidity crisis plaguing the power sector. According to the Managing Director, Jennifer Adighije, the intervention should start with settling the over N4 trillion owed to power generating companies and facilitating funding for ongoing projects to enhance electricity access
Global Financial Watchdog Signals Critical Intervention for Nigeria’s Struggling PopulationsIn a landmark statement that underscores the pressing economic challenges facing Africa’s most populous nation, the International Monetary Fund (IMF) has issued an urgent appeal to the Nigerian government to accelerate its cash transfer program, positioning it as a crucial lifeline for millions of vulnerable citizens.High-Level
Nigeria’s Minister of Interior, Olubunmi Tunji-Ojo, has announced a revised immigration policy aimed at curbing visa overstays. The new regulations introduce strict penalties for foreign nationals who exceed their authorized stay in the country. The penalties include: The policy is part of the government’s broader efforts to strengthen immigration control, ensure compliance with visa regulations,
The Central Bank of Nigeria (CBN) has made significant strides in promoting gender inclusion, with women now making up 35% of recently appointed directors in the financial sector. This milestone was announced by CBN Governor, Dr. Olayemi Cardoso, during the International Women’s Day commemoration at the CBN headquarters in Abuja .Cardoso emphasized the importance of
Fidelity Bank Plc has launched a Ramadan support initiative in the Kabuga community, Dala Local Government Area of Kano State, providing essential food items to over 1,500 residents. This outreach, conducted in partnership with the Misnoory Foundation, aims to alleviate hunger and bring relief during the holy month of Ramadan.The Fidelity Food Bank InitiativeLaunched in
The Central Bank of Nigeria (CBN) has made significant strides in promoting gender inclusion, with women now making up 35% of recently appointed directors in the financial sector. This milestone was announced by CBN Governor, Dr. Olayemi Cardoso, during the International Women’s Day commemoration at the CBN headquarters in Abuja . Cardoso emphasized the importance
Fidelity Bank Plc has launched a Ramadan support initiative in the Kabuga community, Dala Local Government Area of Kano State, providing essential food items to over 1,500 residents. This outreach, conducted in partnership with the Misnoory Foundation, aims to alleviate hunger and bring relief during the holy month of Ramadan. The Fidelity Food Bank Initiative
The Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ibas, has ordered the immediate suspension of all political appointees and office holders in the state. This directive, issued on Wednesday, was conveyed through a statement from the Chief of Staff to the Administrator. The decision follows the powers vested in Ibas by President Bola
